Thaitheparos PCL (BKK:SAUCE) Scaled Net Operating Assets: 0.49 (As of Mar. 2026)


BKK:SAUCE Thaitheparos PCL BKK:SAUCE
92 GF Score
Price ฿40.75
GF Value ฿39.18
Valuation Fairly Valued
! 4 Warning Signs
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What is Thaitheparos PCL Scaled Net Operating Assets?

Thaitheparos PCL BKK:SAUCE -1.21% 92 Scaled Net Operating Assets is 0.49 as of Mar. 2026. GuruFocus rates BKK:SAUCE with a GF Score™ of 92/100 and a GF Value™ of ฿39.18 (Fairly Valued). The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Thaitheparos PCL's operating assets for the quarter that ended in Mar. 2026 was ฿2,154 Mil. Thaitheparos PCL's operating liabilities for the quarter that ended in Mar. 2026 was ฿400 Mil. Thaitheparos PCL's Total Assets for the quarter that ended in Dec. 2025 was ฿3,611 Mil. Therefore, Thaitheparos PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.49.


Thaitheparos PCL Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Thaitheparos PCL's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thaitheparos PCL Scaled Net Operating Assets Chart

Thaitheparos PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.61 0.56 0.52 0.53

Thaitheparos PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.47 0.59 0.55 0.49

BKK:SAUCE vs KHC, GIS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Thaitheparos PCL's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thaitheparos PCL Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thaitheparos PCL's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Thaitheparos PCL's Scaled Net Operating Assets falls into.


BKK:SAUCE
92GF Score
Thaitheparos PCL BKK:SAUCE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Thaitheparos PCL Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Thaitheparos PCL's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(2166.597-318.125)/3469.499
=0.53

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3611.004 - 1444.407
=2166.597

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=318.125 - 0 - 0
=318.125

Thaitheparos PCL's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(2153.868-400.165)/3611.004
=0.49

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3902.813 - 1748.945
=2153.868

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=400.165 - 0 - 0
=400.165

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.49 mean?
Thaitheparos PCL (BKK:SAUCE) has a Scaled Net Operating Assets of 0.49 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Thaitheparos PCL and its competitors.
Is Thaitheparos PCL's Scaled Net Operating Assets too high?
Thaitheparos PCL's current Scaled Net Operating Assets is 0.49. Overall, Thaitheparos PCL has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thaitheparos PCL's Scaled Net Operating Assets compare to KHC and GIS?
Thaitheparos PCL's Scaled Net Operating Assets of 0.49 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Thaitheparos PCL and its competitors. Thaitheparos PCL's current Scaled Net Operating Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaitheparos PCL stock overvalued right now?
Based on GuruFocus' analysis, Thaitheparos PCL (BKK:SAUCE) is currently considered Fairly Valued. The stock's GF Value™ is ฿39.18, compared to a current price of ฿40.75 — trading 4% above its estimated fair value. The current Scaled Net Operating Assets is 0.49. Thaitheparos PCL's overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Thaitheparos PCL (BKK:SAUCE), the current Scaled Net Operating Assets is 0.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thaitheparos PCL (BKK:SAUCE) Overvalued in 2026?

Based on GuruFocus' analysis, Thaitheparos PCL stock appears to be overvalued. The current stock price of ฿40.75 is trading 4% above its estimated GF Value™ of ฿39.18. GuruFocus considers Thaitheparos PCL to be Fairly Valued.

Key valuation signals for BKK:SAUCE:

  • Scaled Net Operating Assets: 0.49
  • GF Value™: ฿39.18 vs. price of ฿40.75 (4% above fair value)
  • GF Score™: 92/100 with 4 warning signs

No single metric tells the full story. See the BKK:SAUCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thaitheparos PCL Business Description

Address 208 Moo 6, Taibarn Road, Tambol Taibarn, Amphur Muang, Samutparkan, Bangkok, THA, 10280
Thaitheparos PCL is a Thailand-based company engaged in the activities of manufacture and distribution of sauces and condiments. The company operates in the sauce segment and offers products like soy sauce, oyster sauce, tomato sauce, chili sauce, vinegar, and other related products. Geographically, the company has operations in Thailand, and internationally, of which the majority of the revenue is generated from Thailand.
92GF Score

Get the complete analysis for BKK:SAUCE

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿40.75
Price
฿39.18
GF Value